Innovator MSCI EAFE Power Buffer ETF – January (NYSEARCA:IJAN) Sees Large Decline in Short Interest

Innovator MSCI EAFE Power Buffer ETF – January (NYSEARCA:IJAN) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 9,129 shares, a drop of 73.9% from the August 15th total of 34,922 shares. Based on an average daily trading volume, of 4,888 shares, the short-interest ratio is presently 1.9 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Trading of Innovator MSCI EAFE Power Buffer ETF – January

Several institutional investors have recently added to or reduced their stakes in IJAN. Allworth Financial LP grew its holdings in shares of Innovator MSCI EAFE Power Buffer ETF – January by 6,925.0% during the second quarter. Allworth Financial LP now owns 665,968 shares of the company’s stock valued at $25,360,000 after purchasing an additional 656,488 shares during the last quarter. Compass Advisory Group LLC raised its position in shares of Innovator MSCI EAFE Power Buffer ETF – January by 346.8% during the 1st quarter. Compass Advisory Group LLC now owns 832,806 shares of the company’s stock worth $30,214,000 after purchasing an additional 646,399 shares during the period. Cornerstone Wealth LLC TN bought a new stake in shares of Innovator MSCI EAFE Power Buffer ETF – January in the 1st quarter worth approximately $4,746,000. Long Island Wealth Management Inc. boosted its position in Innovator MSCI EAFE Power Buffer ETF – January by 20.2% during the 1st quarter. Long Island Wealth Management Inc. now owns 510,484 shares of the company’s stock valued at $18,520,000 after purchasing an additional 85,666 shares during the period. Finally, BFI Wealth Solutions LLC acquired a new position in Innovator MSCI EAFE Power Buffer ETF – January during the 4th quarter valued at approximately $2,904,000.

Innovator MSCI EAFE Power Buffer ETF – January Stock Performance

Shares of NYSEARCA IJAN traded up $0.13 during trading on Friday, reaching $38.92. The stock had a trading volume of 16,709 shares, compared to its average volume of 36,870. The stock has a market cap of $262.71 million, a PE ratio of 16.19 and a beta of 0.49. Innovator MSCI EAFE Power Buffer ETF – January has a one year low of $34.90 and a one year high of $39.26. The firm’s 50 day moving average price is $38.66 and its two-hundred day moving average price is $37.75.

About Innovator MSCI EAFE Power Buffer ETF – January

The Innovator International Developed Power Buffer ETF – January (IJAN) is an exchange-traded fund that is based on the MSCI EAFE index. The fund aims for specific buffered losses and capped gains on the MSCI EAFE Index over a specific holdings period. The actively-managed fund holds options and collateral. IJAN was launched on Jan 2, 2020 and is managed by Innovator.